Pavilion are proud to work with one of the London Market leading legacy insurance businesses. They have built a reputation as the best in class run off specialists and through their continued growth are looking for a Reinsurance Technician to join their collaborative Reinsurance Team.
The ideal candidate will hold an understanding of the operation of international insurance markets with particular regard to run-off and reinsurance. They will also be able to demonstrate knowledge of calculations of reinsurance recoveries and it’s desired that they hold a minimum of 2 years’ experience.
This is a great opportunity to join a reputable business with amazing career development and progression opportunities.
Role & Responsibilities:
Collection of reinsurance asset through accurate calculation and issuance of recoveries, commutations and liquidation management techniques
Implement procedures for accurately calculating the reinsurance asset and issuance of reinsurance recoveries
Calculation of reinsurance recoveries as required
Assess the viability of releasing individual reinsurance recoveries
Preparation of reinsurance billings and loss advices as required
Record and answer technical queries raised by reinsurers and/or brokers
Assist with credit control to ensure timely collection of outstanding balances